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News & Insights

Kyndryl Holdings, Inc.’s Registered Senior Notes Offering

March 05, 2024

Cravath represented the underwriters in connection with the registered $500 million senior notes offering of Kyndryl Holdings, Inc., a leading technology services company and the largest IT infrastructure services provider in the world. The transaction closed on February 20, 2024.

The Cravath team included partners Stephen L. Burns and Michael E. Mariani and associates Nicolas Thomson, Jessica Azerad and Helen Catherine Darby on capital markets matters, partner Andrew T. Davis and associates Tristan Baylor and Megan Samayoa on tax matters, and partner Matthew Morreale and senior attorney Annmarie M. Terraciano on environmental matters.

Related Practices & Industries

  • Corporate
  • Capital Markets
  • Tax
  • Environmental
  • Technology

People

Photo
Name
Michael E. Mariani
Title
Corporate
Title
Partner
Email
mmariani@cravath.com
Phone
+1-212-474-1007
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    Education

    • J.D., 2009, Columbia Law School
      Harlan Fiske Stone Scholar
    • M.B.A., 2009, Columbia University
    • B.A., 2004, Tufts University
      Phi Beta Kappa, summa cum laude

    Admitted In

    • New York
    Photo
    Name
    Andrew T. Davis
    Title
    Tax
    Title
    Partner
    Email
    adavis@cravath.com
    Phone
    +1-212-474-1272
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      Education

      • LL.M., 2020, New York University School of Law
      • J.D., 2014, Stanford Law School
      • A.B., 2010, Princeton University

      Admitted In

      • New York
      Photo
      Name
      Matthew Morreale
      Title
      Corporate
      Title
      Partner
      Email
      mmorreale@cravath.com
      Phone
      +1-212-474-1534
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        Education

        • J.D., 1997, Columbia Law School
          Harlan Fiske Stone Scholar
        • M.S., 1994, University of Pennsylvania
        • B.A., 1990, University of Pennsylvania
        • B.A.S., 1990, University of Pennsylvania

        Admitted In

        • New York
        Photo
        Name
        Annmarie M. Terraciano
        Title
        Corporate
        Title
        Senior Attorney
        Email
        aterraciano@cravath.com
        Phone
        +1-212-474-1366
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          Education

          • J.D., 1998, Columbia Law School
            Harlan Fiske Stone Scholar
          • M.S., 1994, University of Wisconsin - Madison
          • B.A., 1989, Wellesley College
            cum laude

          Admitted In

          • New York
          Photo
          Name
          Stephen L. Burns
          Title
          Corporate
          Title
          Retired Partner
          Email
          sburns@cravath.com
          Phone
          +1-212-474-1146
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            Education

            • J.D., 1990, The University of Texas School of Law
              with Honors
            • B.B.A., 1987, University of Oklahoma
              with Distinction

            Related News & Insights

            Deals & Cases

            December 24, 2025

            Acushnet Company’s High‑Yield Senior Notes Offering

            Cravath represented the initial purchasers in connection with the $500 million 144A/Reg. S high‑yield senior notes offering of Acushnet Company, a wholly‑owned subsidiary of Acushnet Holdings Corp., a global leader in the design, development, manufacture and distribution of performance‑driven golf products. The transaction closed on November 24, 2025.

            Deals & Cases

            December 17, 2025

            Smurfit Westrock’s Registered Senior Notes Offerings

            Cravath represented the underwriters in connection with the $800 million registered senior notes offering of Smurfit Westrock Financing DAC and the €500 million registered senior notes offering of Smurfit Kappa Treasury Unlimited Company, each a wholly owned subsidiary of Smurfit Westrock plc, one of the world's largest integrated manufacturers of paper‑based packaging products. The notes are expected to be listed on Euronext Dublin. The transactions closed on November 21, 2025, and November 24, 2025, respectively.

            Deals & Cases

            December 16, 2025

            Graham Holdings Company’s Senior Notes Offering

            Cravath represented Graham Holdings Company in connection with its $500 million 144A/Reg. S senior notes offering. Graham Holdings Company is a diversified holding company whose operations include educational services, television broadcasting, manufacturing, healthcare, automotive dealerships and other businesses. The transaction closed on November 24, 2025.

            Deals & Cases

            December 15, 2025

            Enerflex Inc.’s High‑Yield Senior Notes Offering

            Cravath represented Enerflex Inc. in connection with its $400 million 144A/Reg. S high‑yield senior notes offering. Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions, deploying natural gas, low‑carbon and treated water solutions – from individual, modularized products and services to integrated custom solutions. The transaction closed on December 11, 2025.

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            Celebrating 200 years of partnership. In 2019, we celebrated our bicentennial. Our history mirrors that of our nation. Integral to our story is our culture.

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